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China approves 40 fixed-asset investment projects in H1
BEIJING,July 19(Xinhua)--The National Development and Reform Commission,China\'s top economic planner,approved 40 fixed-asset investment projects in the first half of the year.
The projects,with a combined investment value of 246.4 billion yuan(about 38.1 billion U.S.dollars),cover areas including energy and water conservation,the commission said.
Previous data showed that China\'s fixed-asset investment went up 12.6 percent year on year in the January-June period,compared with the 15.4-percent increase in the first five months.
This year,the country plans to expand effective investment,with a central investment budget of 610 billion yuan and a special-purpose local government bond quota of 3.65 trillion yuan.
Source：Xinhua
Release Time：2021-07-19 13:35:36
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